MSM Malaysia Holdings Berhad Annual Report 2020

STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2020 Group Company Note 2020 2019 2020 2019 RM’000 RM’000 RM’000 RM’000 ASSETS Non-current assets Property, plant and equipment 17 1,255,235 1,295,432 1,970 2,249 Right-of-use assets 18 92,642 96,174 1,212 2,435 Intangible assets 19 625,112 630,759 2,214 3,661 Investments in subsidiaries 20 - - 1,301,238 1,328,600 Loans due from subsidiaries 21 - - 931,963 955,461 Receivables 23 - 301 - - Deferred tax assets 32 - - 158 69 Lease receivables 22 - - 83,859 84,972 1,972,989 2,022,666 2,322,614 2,377,447 Current assets Inventories 24 274,485 319,252 - - Receivables 23 227,177 290,272 176 887 Tax recoverable 8,118 9,738 547 - Amounts due from subsidiaries 25 - - 14,799 8,042 Amounts due from other related companies 25 465 6,846 - 143 Amount due from immediate holding company 25 1,461 1,443 136 - Loans due from subsidiaries 21 - - 70,090 104,237 Lease receivables 22 - - 2,167 2,167 Derivative financial instruments 27 - 2,466 - - Deposits, cash and bank balances 28 195,921 170,536 20,360 34,353 707,627 800,553 108,275 149,829 Assets held for sale 29 89,664 157,547 - - Total assets 2,770,280 2,980,766 2,430,889 2,527,276 MSM MALAYSIA HOLDINGS BERHAD Annual Repor t 2020 135 SUSTAINABILITY REPORT EFFECTIVE LEADERSHIP CORPORATE GOVERNANCE FINANCIAL STATEMENTS ADDITIONAL INFORMATION DETAILS OF THE ANNUAL GENERAL MEETING